Eurex and Xetra customers to benefit from enhanced capacity and further reduced latency
FRANKFURT, GERMANY and FOSTER CITY, CA – July 14, 2010 – Deutsche Börse Systems, the IT division of Deutsche Börse Group, and Equinix, Inc., (NASDAQ:EQIX, news, filings), a provider of global data center services, today announced the completion of a strategic data center services contract, which will both increase data center capacity and improve execution times for algorithmic traders located in Frankfurt. From 2011 onwards, Equinix’s FR2 International Business Exchange™ (IBX®) data center, will serve as the new main data center for Deutsche Börse Group in Frankfurt, where electronic trading platforms will be deployed and acting as the central colocation site for customers of Eurex, the international derivatives exchange, and Xetra, the cash market within Deutsche Börse Group.
The Equinix FR2 IBX data center has been selected for its maximum security and resilience, its proven service performance, its ability to offer a variety of low latency network solutions and for its green IT features. The site, which is currently undergoing an €12 million expansion, also offers ample space for the growing colocation needs of Deutsche Börse Group customers. The data center is already home to an established and growing community of financial market participants, including buy and sell side firms, market data providers and specialist financial network providers. The addition of Deutsche Börse’s trading engines to this community will strengthen its position as a leading financial markets data center in Europe.
This deal is the latest in a long line between the two companies. Equinix already successfully provides data center solutions to Deutsche Börse Group in Frankfurt, Chicago, New York and Paris.
"We are convinced that this strategic partnership with Equinix will provide maximum benefit to our global customer base, with the data center offering an attractive and strong financial hub for Deutsche Börse Group’s data center operations," states Matthias Kluber, Executive Vice President and Head of Networks and Infrastructure at Deutsche Börse Systems. "This partnership has been developed to a level that ensures that it serves as a solid foundation for all companies and institutions that seek the fastest and most efficient access to continental Europe’s financial markets."
“Deutsche Börse Group’s decision to locate the matching engines for its key exchanges at our FR2 IBX data center is a tremendous vote of confidence for Equinix, illustrating our ability to support the mission-critical operations of the world’s most demanding financial services firms,” said Eric Schwartz, president of Equinix Europe. “The current expansion of our Frankfurt data center means Equinix is well positioned to support new customers connecting to the Eurex and Xetra exchanges, and we very much look forward to working closely with the Deutsche Boerse Group to grow this community of market participants.”
About Deutsche Börse Systems
A Deutsche Börse Group company, Deutsche Börse Systems is an IT service provider for developing and operating IT systems. As the leading technology provider in the financial sector, Deutsche Börse Systems offers its customers a high degree of reliability, speed, innovation and cost efficiency. The company is also a service provider for other Deutsche Börse Group segments. Deutsche Börse Systems also offers a wide range of solutions to optimize processes and systems for financial service providers for other international exchanges and partners.
About Equinix in the Global Financial Markets Equinix provides a neutral meeting place for the world’s leading financial market participants including trading venues, buy and sell side firms, market data providers, technology providers and financial networks; that locate servers and infrastructure within Equinix data centers in order to support highly reliable, low latency connectivity for a broad range of market participants. Learn more at: http://financial.equinix.com.
Equinix, Inc. (NASDAQ: EQIX), provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and more than 575 network service providers rely upon Equinix’s insight and expertise to protect and connect their most valued information assets. Equinix operates 87 International Business Exchange™ (IBX®) and partner data centers across 35 metro areas in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its Web site located at http://www.equinix.com/investors. We encourage you to check Equinix’s website regularly for the most up-to-date information.
Equinix Media Contact (Global)
Deutsche Börse Systems
Deutsche Börse Systems
+49-(0) 69-2 11-1 15 00
Equinix Contact (Europe)
Richard Scarlett / Ben Roberts
+44 (0)20 7401 7968
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.